Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Reserves

v3.21.1
Reserves
12 Months Ended
Jan. 31, 2021
Disclosure of reserves within equity [abstract]  
Reserves
26 Reserves

 

    31 January 2021
NZ$000’s
   

31 January 2020

NZ$000’s

 
Foreign currency translation reserve                
Opening balance     118       (2,013 )
Transfers in     (4,484 )     2,131  
Balance at the end of the year     (4,366 )     118  

 

Foreign currency translation reserve

 

Exchange differences arising on translation of the foreign controlled entity are recognised in other comprehensive income - foreign currency translation reserve. The cumulative amount is reclassified to profit or loss when the net investment is disposed of.